Stavatti Aerospace has announced plans to offer its Javelin military jet trainer and very light fighter aircraft to the U.S. Air Force‘s $16.3 billion T-X trainer program. The company said Friday the Javelin platform, which was derived from the Aviation Technology Group-built Javelin Mk-30 civil jet sportplan...
Executive Mosaic’s GovCon Index closed higher Thursday on strong performances by CACI International (NYSE: CACI) and Harris Corp. (NYSE: HRS) after both contractors reported quarterly earnings above Wall Street’s expectations. U.S. stocks in contrast ended mostly flat as investors waited Friday’s job report and weighed Preside...
Northrop Grumman (NYSE: NOC) and BAE Systems have ended a joint pursuit of the U.S. Air Force™s T-X trainer aircraft program, Breaking Defense reported Wednesday. œThe companies have decided not to submit a proposal for the T-X Trainer program, as it would not be in the best interest of the companies and their shareholders, ...
Executive Mosaic’s GovCon Index pared its losses to close flat against a mostly positive session for U.S. stocks Wednesday after the Federal Reserve left interest rates unchanged and said it sees improvement in consumer and business sentiment. GovCon Index decliners outnumbered gainers 17-13 for a second straight sessi...
Boeing (NYSE: BA) has secured a potential 10-year, $983 million indefinite-delivery/indefinite-quantity contract from the U.S. Air Force to provide engineering support services such analysis and technical instructions for multiple types of aircraft. The Defense Department said Tuesday that Boeing will perform non-recurring e...
Executive Mosaic’s GovCon Index closed flat Tuesday with large prime aerospace contractors the main laggards and services companies the predominant gainers as U.S. stocks also fell on continued investor uncertainty over White House policies. GovCon Index decliners outnumbered gainers 18-12 as three of its 11 S&P 500 com...
Executive Mosaic’s GovCon Index posted its largest decline in seven weeks Monday as the general U.S. stock market also saw increased selling activity amid investor concern over the Trump administration’s immigration measure to bar entry into the U.S. from seven Middle East countries. Only three of the GovCon Index’s 30 co...
TYSONS CORNER, VA, Jan. 30, 2017 ” Boeing (NYSE: BA) has unveiled the spacesuit that the crew of the company’s CST-100 Starliner spacecraft will wear during NASA missions to low-orbit destinations, ExecutiveBiz reported Friday. The company said Wednesday the Boeing Blue spacesuit is designed to protect astronauts durin...
The U.S. Air Force has awarded Boeing (NYSE: BA) a $2.12 billion contract modification to produce 15 KC-46 multirole tankers and supply two spare engines, five wing refueling pod kits and data. Boeing will perform work on the lot 3 KC-46s at a company facility in Washington through July 30, 2019, the Defense Department said Friday. Do...
Executive Mosaic’s GovCon Index held positive Friday to end the week flat despite a majority of its 30 stocks in negative territory as S&P 500-listed General Dynamics (NYSE: GD) surged to an all-time record high during the session after the defense contractor issued a bullish three-year sales outlook. U.S. stocks traded slightly lower afte...
